Accounting Standards: FASB versus the Securities and Exchange Commission Wk2 D2

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gehin

Business Finance

Description

Write: Make sure your response addressing the following question is more than 200 words and you include an in-text citation or a brief quote from the reading material where appropriate.Read: Chapters 4, 5, and 6.

How does the role of the FASB differ from that of the Securities and Exchange Commission with regard to the establishment of accounting standards?

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Explanation & Answer

Find the attached
Attached.

1
Running Head: ACCOUNTING PRINCIPLES

Accounting Principles
Student’s Name
Institutional Affiliation

2
Running Head: ACCOUNTING PRINCIPLES

Financial Accounting Standard Board
The main aim of establishing the Financial Accounting Standard Board was to develop a set of
financial accounting standards for the private sectors. The set of standards ...


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